About us

Hamina LNG Oy was established in 2015 and the terminal was commercially commissioned in 2022. We are responsible, reliable, cost-efficient and transparent.

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Values

As a partner:
A flexible enabler that understands the overall market

As a social operator:
An important part of securing Finland’s security of supply in the challenging energy market

Vision

Our goal is to be the most desired partner in the developing energy market and on the way towards a green energy terminal

Strategy

To be a flexible and developing terminal operator that understands customers’ value chains in the ever-changing global energy market



History

Project development was initiated by Hamina Energy Ltd in 2012. At the end of 2014 the project was granted with 27,7 m€ investment subsidy by Finnish state. Hamina LNG Oy was established in 2015 by Hamina Energy Ltd and Estonian energy company Alexela. Hamina LNG investment decision was made 22 June 2017. After that Wärtsilä was selected as a supplier of the terminal and became one of the owners. Construction work and area filling started in October 2017.
The groundbreaking ceremony of the LNG terminal was held in September 2018.
The commercial commissioning of the terminal took place in October 2022.

Ownership

Hamina LNG Oy is a joint venture between Hamina Energy Ltd, Estonian energy company Alexela and Finnish technology company Wärtsilä.

Hamina Energy Ltd is a municipal energy distribution company, serving the Hamina region with supply of electricity, heat and gas and other services.

Alexela, an Estonian leader in sustainable energy, focuses on eco-friendly initiatives, providing customer-tailored energy services, producing biomethane, constructing solar and wind farms, undertaking large-scale projects, and operating gas stations, convenience stores, and charging stations, making them the most socially and environmentally sustainable fuel brand in Estonia.

Wärtsilä is a global leader in smart technologies and complete lifecycle solutions for the energy and marine markets.